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minerpage
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March 15, 2016, 08:38:17 PM |
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Not sure why.
They got accepted on Azure |
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coins101
Legendary
 Offline
Activity: 1456
Merit: 1000
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March 15, 2016, 08:39:17 PM |
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Not sure why.
They got accepted on Azure Really?  |
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minerpage
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March 15, 2016, 08:41:36 PM |
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Hey, just a few weeks ago I renewed all my spread***.*** domains well into 2018, so .... that's that!
Steady does it  |
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coins101
Legendary
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Activity: 1456
Merit: 1000
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March 15, 2016, 08:43:41 PM |
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$300k to $3m |
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Erkallys
Legendary
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Activity: 1120
Merit: 1001
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March 15, 2016, 08:56:35 PM |
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$300k to $3m Microsoft is a cash-making machine for all the crypto-enthusiasts  ! I wonder what will be the new golden treasure that would have partnered with Microsoft. |
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Cryptorials
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March 15, 2016, 09:12:40 PM |
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Don't mean to take away Microsofts glory, but a lot of that Syscoin rise came on the back of them releasing a beta of their new 'Sys2' marketplace and was before the Azure announcement.
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gjhiggins
Legendary
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Activity: 2254
Merit: 1278
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March 15, 2016, 09:38:37 PM |
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Syscoin goes from $300k marketcap to $3m marketcap in less than a few months. Gets lots of free publicity.
Not sure why.
Services include:
Alias reservation, ownership & exchange
Data storage
Digital document storage, ownership & exchange
Distributed marketplate & exchange
Digital Services Provider marketplace & platform
Digital Asset Creation and Management (alpha)
(soon) Escrow
(soon) Distributed gaming
(soon) Distributed elections and polls
(soon) Distributed encrypted communication & shared content storage
Could have something to do with it. Cheers Graham |
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stonehedge
Legendary
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Activity: 1652
Merit: 1002
Decentralize Everything
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March 15, 2016, 09:47:49 PM |
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Syscoin goes from $300k marketcap to $3m marketcap in less than a few months. Gets lots of free publicity.
Not sure why.
Services include:
Alias reservation, ownership & exchange
Data storage
Digital document storage, ownership & exchange
Distributed marketplate & exchange
Digital Services Provider marketplace & platform
Digital Asset Creation and Management (alpha)
(soon) Escrow
(soon) Distributed gaming
(soon) Distributed elections and polls
(soon) Distributed encrypted communication & shared content storage
Could have something to do with it. Cheers Graham Not bad for a two year old coin. |
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coins101
Legendary
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Activity: 1456
Merit: 1000
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March 15, 2016, 10:15:02 PM |
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... I see we are in another one of these name-change crazes again?  Hey, just a few weeks ago I renewed all my spread***.*** domains well into 2018, so .... that's that! ... Democracy: majority of votes are for a name change. Crazes? It's not another one, its the same one.  |
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coins101
Legendary
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Activity: 1456
Merit: 1000
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March 15, 2016, 10:24:21 PM |
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Syscoin goes from $300k marketcap to $3m marketcap in less than a few months. Gets lots of free publicity.
Not sure why.
Services include:
Alias reservation, ownership & exchange
Data storage
Digital document storage, ownership & exchange
Distributed marketplate & exchange
Digital Services Provider marketplace & platform
Digital Asset Creation and Management (alpha)
(soon) Escrow
(soon) Distributed gaming
(soon) Distributed elections and polls
(soon) Distributed encrypted communication & shared content storage
Could have something to do with it. Cheers Graham Other than the 'soon' TM When was all the other stuff done? Still find it suspect that the value was $300k a few weeks ago and now it's $3m. Like, someone knew something was going to happen. Let's not believe that we are somehow not cutting it. I also seem to remember writing about or reading about these things happening here: * Decentralised search engine * Decentralised explorer for any coin * Automated Escrow (CLTV and the new zero knowledge verification) * Big Bitcoin Data * Decentralised Exchange * Decentralised Coinbase type accounts (many months before Dash published anything to do with something sort of similar) * Instant Bitcoin Transactions (if we can figure out the decentralized exchange and instant locking via servicenodes) Some level of outreach via Azure would have the potential to help speed up these developments. #Candoism |
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georgem (OP)
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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March 15, 2016, 10:26:45 PM |
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... I see we are in another one of these name-change crazes again? Hey, just a few weeks ago I renewed all my spread***.*** domains well into 2018, so .... that's that! ... Democracy: majority of votes are for a name change. Crazes? It's not another one, its the same one. Democracy is the original 51% attack, lol ... |
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myriadcoin
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March 15, 2016, 11:30:14 PM |
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Sorry if this has been asked before, but any thoughts on switching from SpreadX11 to a multi-algo approach? Maybe SpreadX11 + SpreadSHA256d + SpreadScrypt + SpreadGroestl + SpreadQubit... something like that?
We might change SpreadX11 in the future to make it more decentralized (more pool-preventive etc...). We might also change SpreadX11 if it turns out that something is wrong with X11 (who knows?). Those are the only 2 logical reasons I can think of. The issue I see, is that Spreadcoin only solves part of the problem, whereas multi-algo solves another part of the problem. Spreadcoin is pool resistant, but it's not resistant to mining farms. Multi-algo, on the other hand, is not pool resistant, but it does offer some small amount of mining farm resistance, which in effect, can lead to significantly greater decentralisation. So changing from SpreadX11 to Spread-multi-algo wouldn't make it more pool-preventive, but it would make it inarguably the most decentralised coin on the market. |
Myriad: the ORIGINAL and fairest distribution 5 algo coin, which I did not develop. http://myriadcoin.orgNOT the Myriad developer. Just a fan. |
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e1ghtSpace
Legendary
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Activity: 1526
Merit: 1001
Crypto since 2014
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March 15, 2016, 11:53:47 PM |
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Sorry if this has been asked before, but any thoughts on switching from SpreadX11 to a multi-algo approach? Maybe SpreadX11 + SpreadSHA256d + SpreadScrypt + SpreadGroestl + SpreadQubit... something like that?
We might change SpreadX11 in the future to make it more decentralized (more pool-preventive etc...). We might also change SpreadX11 if it turns out that something is wrong with X11 (who knows?). Those are the only 2 logical reasons I can think of. The issue I see, is that Spreadcoin only solves part of the problem, whereas multi-algo solves another part of the problem. Spreadcoin is pool resistant, but it's not resistant to mining farms. Multi-algo, on the other hand, is not pool resistant, but it does offer some small amount of mining farm resistance, which in effect, can lead to significantly greater decentralisation. So changing from SpreadX11 to Spread-multi-algo wouldn't make it more pool-preventive, but it would make it inarguably the most decentralised coin on the market. What if we make it so that servicenodes all together host a massive pool that everyone must use to mine. So the rewards all get split between every single miner. Now that is decentralisation. |
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rhinomonkey
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March 16, 2016, 01:31:18 AM |
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Let's change the name to DeadPool...  |
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njs811
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March 16, 2016, 02:31:42 AM |
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Sorry if this has been asked before, but any thoughts on switching from SpreadX11 to a multi-algo approach? Maybe SpreadX11 + SpreadSHA256d + SpreadScrypt + SpreadGroestl + SpreadQubit... something like that?
We might change SpreadX11 in the future to make it more decentralized (more pool-preventive etc...). We might also change SpreadX11 if it turns out that something is wrong with X11 (who knows?). Those are the only 2 logical reasons I can think of. The issue I see, is that Spreadcoin only solves part of the problem, whereas multi-algo solves another part of the problem. Spreadcoin is pool resistant, but it's not resistant to mining farms. Multi-algo, on the other hand, is not pool resistant, but it does offer some small amount of mining farm resistance, which in effect, can lead to significantly greater decentralisation. So changing from SpreadX11 to Spread-multi-algo wouldn't make it more pool-preventive, but it would make it inarguably the most decentralised coin on the market. What if we make it so that servicenodes all together host a massive pool that everyone must use to mine. So the rewards all get split between every single miner. Now that is decentralisation. I actually thought of this idea awhile back. Some people had concerns that Spreadcoin then becomes the centralization....like a bank. |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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March 16, 2016, 08:05:05 AM |
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Sorry if this has been asked before, but any thoughts on switching from SpreadX11 to a multi-algo approach? Maybe SpreadX11 + SpreadSHA256d + SpreadScrypt + SpreadGroestl + SpreadQubit... something like that?
We might change SpreadX11 in the future to make it more decentralized (more pool-preventive etc...). We might also change SpreadX11 if it turns out that something is wrong with X11 (who knows?). Those are the only 2 logical reasons I can think of. The issue I see, is that Spreadcoin only solves part of the problem, whereas multi-algo solves another part of the problem. Spreadcoin is pool resistant, but it's not resistant to mining farms. Multi-algo, on the other hand, is not pool resistant, but it does offer some small amount of mining farm resistance, which in effect, can lead to significantly greater decentralisation. So changing from SpreadX11 to Spread-multi-algo wouldn't make it more pool-preventive, but it would make it inarguably the most decentralised coin on the market. What if we make it so that servicenodes all together host a massive pool that everyone must use to mine. So the rewards all get split between every single miner. Now that is decentralisation. I actually thought of this idea awhile back. Some people had concerns that Spreadcoin then becomes the centralization....like a bank. That was my initial thought too. But I'm all ears to know more about how it could work. |
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georgem (OP)
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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March 16, 2016, 03:22:46 PM |
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Let's change the name to DeadPool... "Death of Pools"... it makes sense.  |
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georgem (OP)
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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March 16, 2016, 03:27:11 PM |
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What if we make it so that servicenodes all together host a massive pool that everyone must use to mine. So the rewards all get split between every single miner. Now that is decentralisation.
We discussed this idea a few months ago. Once servicenode network is working securely and reliably, we would need to adapt a software similar to p2pool so that servicenodes become the defacto pool operators. I think it could work, and would be decentralized. So no problem with pools here, aslong as they are decentralized and have no single point of failure. |
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georgem (OP)
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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March 16, 2016, 03:43:58 PM
Last edit: March 16, 2016, 04:42:17 PM by georgem |
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What if we make it so that servicenodes all together host a massive pool that everyone must use to mine. So the rewards all get split between every single miner. Now that is decentralisation.
Now wait a minute... you said... "must use to mine"... That I don't agree with. Solo mining is 100% necessary and must always be possible because it's the main source of cryptographic security our network has (PoW). We can think about a p2pool feature so that we give small miners a chance who normally wouldn't have a high probability of earning any SPR, but the p2pool is not going to secure the network. On the contrary, the network would need to secure the p2pool! If our servicenode network is going to provide a p2pool then this pool will still have to be secured by the solo miners. Where else is the security going to come from? The servicenode network can't secure itself. The whole security behind the servicenode network depends on the solo miners. (as does everything in spreadcoin and most PoW cryptocoins) Just to be clear, in a way, solo mining is the only mining method that really exists, even pool mining creates a block in a solo fashion after a block is found. (a pool is just a middleman between miners and a "solo" created block) So in the end the dependencies would look something like this:  This means that while p2pool miners can then earn some SPR, they won't really add any direct security benefit to the network (or improve decentralization). Except that their activities will add value to servicenodes and solo mining and create incentives for users to invest in either one of them. Increasing community participation (everybody gets to earn some milli SPR) will increase the overall value of our network! And that's why this is a good idea. |
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